Business Case Studies, Executive Interviews, Prof. John T Delaney on Business Model Innovation

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Prof. John T Delaney on Business Model Innovation

April 2009 - By Dr. Nagendra V Chowdary

A business model is a general framework that depicts how an organization creates value and generates resources. Because a business model is a general concept, it may have many components. Managers and leaders must identify and optimize the components of the model relevant to their organization. And note that this point reflects back to my view on the need to ask constantly “what business are we in?” for the business model changes if the business changes.
—Prof. John T Delaney
Effective executive interview with Prof. John T Delaney on Speaks on Business Model Innovation

Prof. John T Delaney is the 6th dean of the University of Pittsburgh's Graduate School of Business since its establishment in 1960. He earned a BS degree in industrial relations from LeMoyne College in 1977 and AM and PhD degrees in labor and industrial relations from the University of Illinois in 1980 and 1983, respectively. After receiving his doctoral degree, he accepted a position at the Columbia University Graduate School of Business where he served as an Assistant and Associate Professor. In 1989, he joined the management faculty at the University of Iowa. In 1992, he was promoted to the rank of professor of management and served in that capacity until 2000. At Iowa, he also served as Director of the Industrial Relations Center, university ombudsperson, and chair of the Department of Marketing. In 2000, Delaney joined the faculty of the Eli Broad College of Business and Graduate School of Management at Michigan State University (MSU) where he served as professor of management and associate dean for MBA Programs until moving to Pitt. Delaney is widely recognized for his scholarship in negotiation, dispute resolution, and labor-management relations. In addition to publishing numerous books, reports, and articles since 1980, Delaney has provided expert testimony in Washington, DC to the National Labor Relations Board and the Subcommittee on Labor of the US Senate Committee on Labor and Human Resources. He has also been interviewed and featured by many news organizations, including The Wall Street Journal, Los Angeles Times, The New York Times, The Washington Post, CNN, CBS News, and National Public Radio. Delaney has won a variety of teaching honors, including the Society for Human Resource Management-University of Iowa (Hawkeye) Chapter-Outstanding Professor Award (1994-1995) and recognition as one of the University of Iowa's "Outstanding Faculty Members" in A Business Week Guide: The Best Business Schools, 3rd and 4th editions, 1993 and 1995. His administrative efforts at MSU have been credited with stimulating curricular innovations and enhancing student satisfaction, which generated positive assessments of the Broad MBA Program.

Useful for Understanding of:

  • Business and the components that constitute a business model
  • Importance of understanding a business model
  • Business model innovation
  • Product or process innovation and business model innovation.
Originally Published in Effective Executive, IUP
Effective Executive Reference No. 03M-2009-04-07-06
IBSCDC Reference No. INT0097
Year and Month of Publication April 2009
Keywords Prof. John T Delaney, Business and the components that constitute a business model, Importance of understanding a business model, Business model innovation, Product or process innovation and business model innovation

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